Will your data product sparkle more if you build it or buy it?

“Should we build or buy?” is perhaps the diamond of enterprise IT: a question with at least 57 facets, each unique to a particular organization. In the past, your company may have made build-or-buy decisions when weighing options for enterprise software suites or departmental applications. Today, as more and more organizations look to data monetization to tap new revenue streams – IDC predicts that by 2020, in over half of Global 2000 firms, revenue growth from information-based products and services will be twice the growth rate of the balance of the product/service portfolio – the question emerges anew: should you build or buy your data product?

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Improve your company’s bottom line with analytics

The explosion of data in the financial services industry is creating new opportunities for business intelligence and analytics. At the same time, this explosion presents significant challenges. Over 2.7 zettabytes of data exist in the digital universe today. Every day, financial services companies seek to use these massive volumes of data to increase margins, reduce risk, boost customer satisfaction, and win in a globally competitive marketplace.

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